FDI increased by 88pc during FY20

FDI increased by 88pc during FY20

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Karachi: Foreign direct investment in June was US$175 million, compared to a net inflow of US$102 million in June 2019.

In FY20, FDI increased by 88% to US$2.561 billion, compared with US$13 billion in FY19.

China remains the largest investor, with FDI net FDI in the fiscal year of US$844 million, compared with US$131 million in the same period last year.

Norway is the second largest investor with a net FDI of US$402 million in FY20, compared with US$116 million in the same period last year.

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